Suncorp partners with Frollo for Open Banking APIs

Suncorp partners with Frollo for Open Banking APIs

Frollo announce Suncorp Bank will utilise the Frollo PRD Portal to power their Open Banking product APIs and comply with Data Holder obligations under the Consumer Data Right (CDR).

Suncorp will take advantage of the ease of use, low cost and future proof solution the Frollo PRD Portal provides. They will get access to the real-time competitive product comparison tool, using all publicly available PRD APIs.

Suncorp joins a growing number of businesses using the Frollo Open Banking platform to comply, compete and innovate with Open Banking.

Getting ready for phase 2 CDR products

As the deadline for publishing Phase 1 product information APIs passed in October, many banks are looking at their next milestone: Phase 2 product information in February 2021.

Frollo clients BNK, P&N Bank and CuSA have already started publishing residential mortgage product information, including more complex multi-tiered LVR mortgage products.

Making Open Banking compliance easy

Are you also looking for an easier way to publish your CDR Product data APIs?

The Frollo PRD portal offers an easy, future proof way to comply with product data obligations. The platform also includes a real-time competitive product analysis using PRD APIs.

Download the product sheet to learn more, or get in touch with Frollo to schedule a demo.